GDS - GDS Holdings Limited

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
52.33
-1.78 (-3.29%)
At close: 4:00PM EST

52.50 +0.17 (0.32%)
After hours: 4:57PM EST

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Previous Close54.11
Open54.31
Bid52.33 x 1200
Ask52.39 x 800
Day's Range52.17 - 54.50
52 Week Range25.08 - 55.63
Volume845,495
Avg. Volume995,895
Market Cap7.957B
Beta (5Y Monthly)2.97
PE Ratio (TTM)N/A
EPS (TTM)-0.54
Earnings DateNov 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est54.74
  • Estimating The Fair Value Of GDS Holdings Limited (NASDAQ:GDS)
    Simply Wall St.

    Estimating The Fair Value Of GDS Holdings Limited (NASDAQ:GDS)

    Today we will run through one way of estimating the intrinsic value of GDS Holdings Limited (NASDAQ:GDS) by taking the...

  • GlobeNewswire

    GDS Announces Acquisition of Site in Shanghai for Major New Data Center Campus

    GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (GDS), a leading developer and operator of high-performance data centers in China, today announced that it has entered into a definitive legal agreement through its indirectly wholly-owned subsidiary in China to acquire from a third party a site (the “Site”) in Pujiang Area, Minhang District of Shanghai, for a total consideration of RMB1.37 billion. The Site consists of approximately 212,000 square meters of total land area, with roughly half of it developed and half greenfield.

  • Zacks

    No Rebound to This Morning’s Selloff

    No Rebound to This Morning’s Selloff

  • GDS Holdings Limited (GDS) vs. Hedge Fund Favorites in 2019
    Insider Monkey

    GDS Holdings Limited (GDS) vs. Hedge Fund Favorites in 2019

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]

  • Cowen’s 3 Stock Choices for 2020
    TipRanks

    Cowen’s 3 Stock Choices for 2020

    2019 has delivered such plentiful returns, that heading into the new year, investors might be met with a sense of trepidation as to what lies ahead. Can the market extend the rally? Which stocks can continue handing out ample rewards through 2020 and beyond?In such instances it is worth turning to the pros to get the lowdown. Multinational investment bank and financial services provider, Cowen, has a history of successfully picking up disruptive companies and emerging markets early on, Amazon being a case in point. The company was also the first Wall Street firm to exhibit serious interest in the fledgling cannabis industry.With the help of TipRanks’ Stock Screener, we were able to get the full scoop on the company’s 3 favorite stocks for the new year. All 3 have had a strong 2019, yet Cowen thinks their growth is set to continue in the year ahead. Let’s take a look.Charter Communications (CHTR)2019 continued to hear talk of the ‘cord-cutting’ trend whereby old, traditional cable companies are about to become obsolete due to pay-tv customers moving over to newer, more flexible streaming services. Telecommunications giant, Charter, has stayed ahead of the curve by leveraging losses of cable customers by picking up more subscribers for its broadband service. As broadband becomes a must-have service for every household, and most areas only provide two options for broadband services, companies like Charter almost become recession proof.Apart from success in the broadband sector, Charter’s entrance into the wireless phone market is also bearing fruit. Its mobile business has seen solid growth, adding 276,000 new lines in the last quarter alone.Additionally, it has kept buying back company shares, always a promising sign for investors. In Q3, the company spent $3.1 billion on stock buybacks.This cable giant has easily outperformed the market in 2019, delivering a year-to-date gain of 65%, but has the leading broadband provider climbed too high?Not according to 5-star Cowen analyst Colby Synesael, who noted, “All said, despite the stock rally and premium valuation, we still see Charter as the ideal scaled pure-play Cable provider and best stock to play the Broadband story with underlying catalysts including the FCF story (24% CAGR), buybacks, attractive network assets ideal for the 5G topology, and strategic optionality. Longer-term, the company is well positioned to measurably build a DIY wireless network (trialing CBRS) and aggressively buy back shares, to be eventually taken out by a wireless carrier (because wireless carriers may have no choice).”To this end, Synesael reiterated an Outperform rating on Charter along with a price target of $537, indicating gains of 14% could be in place. (To watch Synesael’s track record, click here)What does the Street make of the communication giant’s prospects? A breakdown of 14 Buys, 7 Holds, and a solitary Sell, provide Charter with a Moderate Buy rating. The average price target stands at $503.16, which implies 7% upside potential. (See Charter Communications stock analysis on TipRanks) Equinix (EQIX)Another high-flyer in 2019 is internet connection and data center provider, Equinix. Year-to-date, EQIX is up 58%, leaving the S&P 500 in the dust despite its stellar year.The company is unusual given the fact that it is a REIT (real estate investment trust) but operates like a growth stock. Equinix provides the buildings and infrastructure for companies to house their servers in. Most companies use Equinix’s IBX (international business exchange), as along with a lack of alternatives, it is too expensive to build their own. Therefore, like REITS, the company has a recurring income stream.The company reported good 3Q19 results with it breaking records for 3Q bookings, cross connect adds and bookings through its channel, which came in at 30%, indicating a loyal customer base is in place.Synesael noted, “We continue to have a positive LT view of Equinix as the company is able to demonstrate stable/durable growth that coupled with its highly attractive returns we believe should continue to drive multiple expansion and further separate it from comps. We do not however expect upcoming 2020 guidance to alone act as a catalyst, and instead expect the stock to continue to grind higher over the NTM.”All this has prompted the 5-star analyst to reiterate an Outperform rating on Equinix. A price target of $628 provides potential upside of 13%.The Street is equally effusive about Equinix’s 12-month prospects. The data center provider has a Strong Buy analyst consensus rating, with the breakdown formed of 12 Buys and 1 Hold. The average price target is $615.25, providing 10% upside potential. (See EQIX stock analysis on TipRanks) GDS Holdings (GDS)Staying in the data field, we move on to Chinese high-performance data center provider, GDS Holdings.Even with Cowen’s previous picks exhibiting fantastic growth in 2019, they are both dwarfed by GDS, which has seen its share price more than double in 2019, growing by 118%. Accordingly, the company ranks as Cowen’s no.1 choice for 2020.A solid 3Q report reflected a strong year. The company leased 21,600 sqm compared to the trailing 12 months average of 19,400, thereby achieving the company’s 2019 leasing goal of 80,000 sqm. Management reiterated that it expects to equal this performance in 2020, and raised 2019 EBITDA guidance thanks to stronger than expected margins year-to-date.Adding to the good news, GDS announced it had reached an agreement to acquire all of the equity interests in target companies which own a data center campus in the Shunyi district of Beijing. The campus comprises three data centers with an area of 19,700 sqm. The acquisition is set to close in the first half of 2020.Synesael notes that while GDS is likely to experience trade driven volatility - the combination of strong secular demand, further margin expansion, and industry leading growth ‘should drive continued stock appreciation.’ The analyst concluded, “We believe GDS continues to be well positioned in what remains a strong demand environment and is taking the right steps to secure more supply in its major markets as it prepares for even stronger demand in 2020.”Synesael reiterated an Outperform rating on GDS, along with a price target of $65. Should the target be achieved, a handsome increase of over 29% could be in the cards.The Street is relatively quiet when it comes to GDS right now. Over the last 3 months, the data center provider has had 3 analysts rating its prospects. All, though, conclude GDS is a Buy, therefore designating it with Strong Buy status. The average price target of $60, could provide investors with 19% upside. (See GDS stock-price forecast and analyst ratings)

  • GlobeNewswire

    GDS Announces Full Exercise of Underwriters’ Option to Purchase Additional ADSs

    GDS Holdings Limited (“GDS” or the “Company”) (GDS) today announced that the underwriters of its previously announced public offering have exercised in full their option to purchase an additional 824,175 ADSs from GDS at the public offering price of US$45.50 per ADS. GDS raised a total of approximately US$276.7 million in proceeds from the public offering after the underwriters’ exercise in full of their option to purchase additional ADSs, after deducting underwriting discounts and commissions (but before expenses).

  • GlobeNewswire

    GDS Announces Pricing of Public Offering of ADSs

    GDS Holdings Limited (“GDS” or the “Company”) (GDS) today announced the pricing of a public offering by it of 5,494,505 American Depositary Shares (“ADSs”), each representing eight of its Class A ordinary shares, at a public offering price of US$45.50 per ADS. The underwriters have been granted a 30-day option to purchase up to an additional 824,175 ADSs from GDS at the same price. GDS intends to use approximately US$190 million of the net proceeds from this offering to fund a portion of the cash consideration and assumed liabilities for the acquisition of three data centers at a campus located in Shunyi district, Beijing, which we refer to as Beijing 10, Beijing 11 and Beijing 12 (“the Acquisition”), and use the remaining net proceeds from this offering, or all of the net proceeds from this offering if the Acquisition is not consummated, to fund other land, building, and data center acquisitions and for general corporate purposes.

  • GlobeNewswire

    GDS Announces Launch of Proposed Public Offering of ADSs

    GDS Holdings Limited (“GDS” or the “Company”) (GDS) today announced that it intends to offer and sell American Depositary Shares (“ADSs”), each representing eight of its Class A ordinary shares, with an aggregate public offering size of approximately US$250 million, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase additional ADSs representing an aggregate public offering size of approximately US$37.5 million from GDS. GDS intends to use approximately US$190 million of the net proceeds from this offering to fund a portion of the cash consideration and assumed liabilities for the acquisition of three data centers at a campus located in Shunyi district, Beijing, which we refer to as Beijing 10, Beijing 11 and Beijing 12 (“the Acquisition”), and use the remaining net proceeds from this offering, or all of the net proceeds from this offering if the Acquisition is not consummated, to fund other land, building, and data center acquisitions and for general corporate purposes.

  • GlobeNewswire

    GDS Announces Acquisition of Data Center Campus in Beijing

    GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (GDS), a leading developer and operator of high-performance data centers in China, today announced that it has entered in to an equity purchase agreement to acquire all of the equity interests in target companies which own a data center campus in the Shunyi district of Beijing (the “Acquisition”), around 8 kilometers away from our existing Beijing 5 data center. The campus comprises three data centers with a total area in service and under construction of approximately 19,700 sqm, which is 100% committed or pre-committed by two of our current largest customers.

  • Hedge Funds Are Buying GDS Holdings Limited (GDS)
    Insider Monkey

    Hedge Funds Are Buying GDS Holdings Limited (GDS)

    "The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]

  • 3 Monster Growth Stocks That Are Still in the Buy Zone
    TipRanks

    3 Monster Growth Stocks That Are Still in the Buy Zone

    With the holiday season kicking off, investors are shopping the Street for growth stocks. Stocks of this kind have a clear runway for growth, capable of delivering massive returns in the years to come. No wonder they are topping wish lists. However, in a year that has seen the market reach record highs, tracking down these names is becoming harder and harder to do. But don’t sound the alarm bells just yet. Wall Street pros remind investors that stocks with outsized growth prospects are still out there. In an attempt to lock down these compelling investment opportunities, we turned to TipRanks. The platform’s Stock Screener tool was able to scan the Street for the crème-de-la-crème. We mean the tickers offering up serious upside potential from current levels. Let’s get started. GDS Holdings Ltd (GDS)At a 103% year-to-date gain, all eyes are on GDS Holdings. This combined with a solid Q3 performance and strong long-term growth narrative has made the Chinese data center developer and operator a must-have name among several analysts. During the third quarter, the company saw revenue of RMB1,066 million, inching past the consensus estimate by about a percent. On top of this, service revenue increased 41% year-over-year and net loss narrowed from the prior-year quarter. That being said, Cowen & Co. analyst Colby Synesael points to its positioning in terms of demand as a key takeaway. “We believe the company continues to be well positioned in what is arguably the strongest data center market in the world and is taking the right steps to secure significantly more supply in its major markets as it prepares for even stronger demand in 2020,” he commented. Despite the five-star analyst’s prediction of continued macro and trade-driven volatility, he believes shares are set to climb higher in 2020. Taking this into consideration, Synesael reiterated his Outperform rating and bumped up the price target from $53 to $65. This bolstered target lends itself to a 39% potential twelve-month gain. (To watch Synesael’s track record, click here)Meanwhile, RBC Capital’s Jonathan Atkin cites the development pipeline as placing GDS on an upward trajectory. With GDS recently getting the go-ahead for 13,000 square meters of downtown capacity in Shanghai and its potential purchase of a second site in Hong Kong, total capacity lands at 230,000 square meters. “We believe, based on our discussions with industry contacts, that there is significant progress yet to come for additional edge-of-town deployments as well as new Tier 1 markets,” he noted. As a result, Atkin is staying with the bulls. Not to mention he lifted the price target by 40% to $62, indicating 32% upside potential. (To watch Atkin’s track record, click here)Similarly, the rest of the Street has been impressed by GDA. 100% Street support implies a clear message: the stock is a Strong Buy. In addition, the $61 average price target puts the upside potential at 31%.(See GDS Holdings stock analysis on TipRanks)    ACADIA Pharmaceuticals, Inc. (ACAD)ACADIA Pharmaceuticals wants to help patients battling central nervous system (CNS) disorders. When we say this name has soared year-to-date, we aren’t kidding. We’re talking 180% here. Still, analysts think that this is just the beginning.On November 25, ACAD released topline results from the ADVANCE Phase 2 trial of its pimavanserin drug in schizophrenia patients. According to the data, patients given the treatment witnessed a great improvement in Negative Symptom Assessment-16 (NSA-16) total score compared to the placebo. However, the results were somewhat of a mixed bag as it failed to demonstrate a superior performance vs the placebo in terms of the Personal and Social Performance (PSP) scale. Nonetheless, Cowen’s Ritu Baral maintains a bullish thesis. “Overall, we view these results to have little impact on ACAD shares due to the earlier stage of this program and the smaller market size of schizophrenia patients with predominant negative symptoms relative to pimavanserin's new opportunity in Dementia-related psychosis (DRP),” she explained. The five-star analyst goes on to cite the Phase 3 HARMONY study in DRP patients as an upcoming catalyst. If this wasn’t promising enough, its trofinetide drug to treat patients with Rett Syndrome could also drive substantial gains. Rett Syndrome is a primarily female congenital neuro-developmental CNS disorder affecting cognition and sensorimotor function. Given that the drug demonstrated statistically significant results in a Phase 2 study as well as its potential to treat Fragile X Syndrome or traumatic brain injuries, Baral kept the recommendation as Outperform. Based on the $66 price target, she sees 46% upside potential in store. (To watch Baral’s track record, click here)In general, Wall Street likes what it’s seeing. 11 Buys and 2 Holds received in the last three months add up to a Strong Buy analyst consensus. At the $56 average price target, shares could surge 23% in the next twelve months. (See ACADIA Pharmaceuticals stock analysis on TipRanks) Pegasystems Inc. (PEGA)Pegasystems offers cloud-based software for customer engagement and other operational needs, with its low-code application development platform allowing organizations to quickly build apps to meet their customer and employee requirements. Considering the noteworthy 62% jump year-to-date, one analyst is betting that PEGA will come out on top in the long-run.Wedbush analyst Steven Koenig was impressed by PEGA’s third quarter results. Despite the fact that investments in cloud infrastructure and government certifications weighed on EPS, annual contract value growth of 20% year-over-year and a 7% revenue gain landed right in-line with consensus estimates. While PEGA may be impacted by the shift to a cloud-first model, the analyst expects this change to pay off long-term, deeming the software company a “Wedbush Best Idea”.“Investments in sales talent and capacity should drive better penetration of large accounts, perhaps the key to lifting underlying growth rates beyond the 20% level. With shares trading at 5.6x EV/FY20E revenue and key metrics inflecting positively, we see PEGA as a top pick into FY20 for GARP-oriented software investors,” he wrote in a note to clients. Bearing this in mind, Koenig tells investors his conclusion that PEGA will ultimately outperform remains unchanged. Along with the recommendation, the five-star analyst kept the price target at $95. This conveys his confidence in PEGA’s ability to rise 22% in the coming twelve months. (To watch Koenig’s track record, click here) Looking at the consensus breakdown, it has been relatively quiet in terms of analyst activity. In the previous three months, PEGA racked up 1 Buy rating, giving it a Moderate Buy consensus. Additionally, the average price target of $95 implies 22% upside potential. (See Pegasystems stock analysis on TipRanks)

  • GDS Holdings Limited Just Released Its Third-Quarter Earnings: Here's What Analysts Think
    Simply Wall St.

    GDS Holdings Limited Just Released Its Third-Quarter Earnings: Here's What Analysts Think

    It's been a good week for GDS Holdings Limited (NASDAQ:GDS) shareholders, because the company has just released its...

  • Thomson Reuters StreetEvents

    Edited Transcript of GDS.O earnings conference call or presentation 14-Nov-19 1:00pm GMT

    Q3 2019 GDS Holdings Ltd Earnings Call

  • GDS HOLDINGS (GDS) Reports Q3 Loss, Tops Revenue Estimates
    Zacks

    GDS HOLDINGS (GDS) Reports Q3 Loss, Tops Revenue Estimates

    GDS HOLDINGS (GDS) delivered earnings and revenue surprises of -33.33% and 0.15%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    GDS Reports Third Quarter 2019 Results

    SHANGHAI, China, Nov. 14, 2019 -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data centers.

  • GDS HOLDINGS (GDS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
    Zacks

    GDS HOLDINGS (GDS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

    GDS HOLDINGS (GDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GDS Holdings Limited (GDS): Are Hedge Funds Right About This Stock?
    Insider Monkey

    GDS Holdings Limited (GDS): Are Hedge Funds Right About This Stock?

    Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018. This means hedge funds […]

  • GlobeNewswire

    GDS to Report Third Quarter 2019 Financial Results on Thursday, November 14, 2019

    SHANGHAI, China, Oct. 24, 2019 -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data centers.

  • GDS Holdings Limited's (NASDAQ:GDS) Path To Profitability
    Simply Wall St.

    GDS Holdings Limited's (NASDAQ:GDS) Path To Profitability

    GDS Holdings Limited's (NASDAQ:GDS): GDS Holdings Limited, together with its subsidiaries, designs, builds, and...

  • GDS HOLDINGS (GDS) Is Up 4.29% in One Week: What You Should Know
    Zacks

    GDS HOLDINGS (GDS) Is Up 4.29% in One Week: What You Should Know

    Does GDS HOLDINGS (GDS) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Why GDS Holdings (GDS) Could Be Positioned for a Surge
    Zacks

    Why GDS Holdings (GDS) Could Be Positioned for a Surge

    If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider GDS Holdings (GDS).

  • Chase Coleman Buys Uber, Boosts Microsoft
    GuruFocus.com

    Chase Coleman Buys Uber, Boosts Microsoft

    Guru's largest buys of the 2nd quarter Continue reading...

  • If You Had Bought GDS Holdings (NASDAQ:GDS) Stock A Year Ago, You Could Pocket A 14% Gain Today
    Simply Wall St.

    If You Had Bought GDS Holdings (NASDAQ:GDS) Stock A Year Ago, You Could Pocket A 14% Gain Today

    If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...

  • Company News For Aug 14, 2019
    Zacks

    Company News For Aug 14, 2019

    Companies In The News Are: GNW,JD,VIAB,CBS,GDS